NEC Corporation and ParityQC have announced that they have started collaborating in the field of Quantum Annealing. NEC will be the first company worldwide implementing the ParityQC architecture for quantum annealing devices.
The collaboration entails NEC implementing the ParityQC Architecture, ParityQC’s new paradigm on how to solve optimization problems on a quantum computer, into its own superconducting parametron quantum devices. This will pave the way for highly-scalable, practical quantum annealers capable of solving large-scale combinatorial optimization problems such as financial portfolio optimization and manufacturing planning.
NEC aims to develop such quantum annealers for practical use by 2023. (IT News Online)